G.R. No. 124715 – 380 Phil. 60 – 323 SCRA 102 – Mercantile Law – Corporation Law – Piercing the Veil of Corporate Fiction In 1994, Pastor Lim died. His wife, Rufina Lim, petitioned with the probate court for the inclusion of 5 corporations into the inventory of the estate […]
commercial law
152 posts
G.R. No. L-14441 – 125 Phil. 5 – 18 SCRA 924 – Mercantile Law – Corporation Law – Parity Rights – Corporate Nationality – Nationalized Areas of Activity In 1956, San Jose Petroleum, Inc. (SJP), a mining corporation organized under the laws of Panama, was allowed by the Securities and […]
G.R. No. 126554 – 388 Phil. 220 – 332 SCRA 427 – Mercantile Law – Corporation Law – Piercing the Veil of Corporate Fiction In 1993, ARB Construction Co., Inc. (ARB) entered into a contract with TBS Security and Investigation Agency (TBS) for the latter to provide security guards to […]
G.R. No. 141617 – 415 Phil. 153 – Mercantile Law – Corporation Law – Piercing the Veil of Corporate Fiction – Fraud Test vs Alter Ego Test Adalia Francisco was the Treasurer of Cardale Financing and Realty Corporation (Cardale). Cardale, through Francisco, contracted with Andrea Gutierrez for the latter to […]
G.R. No. 114222 – 313 Phil. 296 – 243 SCRA 436 – Mercantile Law – Corporation Law – Corporate Nationality – Public Utility – Nationality Requirement in Nationalized Areas of Activity In 1989, the government planned to build a railway transit line along EDSA. No bidding was made but certain […]
G.R. No. 124062 – 361 Phil. 383 – 301 SCRA 459 – Mercantile Law – Corporation Law – Instance Where a Corporation is a Real Party in Interest Reynaldo Cometa is the president of State Investment Trust, Inc. (SITI), a lending firm. Reynaldo Guevara is the president of Honeycomb Builders, […]
G.R. No. 88404 – 268 Phil. 784 – 190 SCRA 717 – Mercantile Law – Corporation Law – Corporate Fiction – Franchise – Right of Succession In 1958, Felix Alberto & Co., Inc (FACI) was granted by Congress a franchise to build radio stations (later construed as to include telephony). […]
G.R. No. 121171 – 360 Phil. 768 – 300 SCRA 579 – Mercantile Law – Corporation Law – Corporation Generally Not Entitled To Moral Damages – Power To Enter Into Contracts In 1968, the government undertook to support the financing of Marinduque Mining and Industrial Corporation (MMIC). The government then […]
G.R. No. 116123 – 269 SCRA 564 – Mercantile Law – Business Organization – Corporation Law – Close Corporation – Liability for Tort Sergio Naguiat was the president of Clark Field Taxi, Inc. (CFTI) which supplied taxi services to Clark Air Base. At the same time, Naguiat was a director […]
G.R. No. 103576 – 329 Phil. 531 – 260 SCRA 714 – Mercantile Law – Corporation Law – Corporations cannot sue for moral damages In June 1978, Acme Shoe, Rubber & Plastic Corporation executed a chattel mortgage in favor of Producers Bank of the Philippines in consideration of a loan […]
G.R. No. 121413 – 403 Phil. 361 – 350 SCRA 446 – Mercantile Law – Corporation Law – Liability of a Banking Corporation for Wrongful/Tortuous Acts Committed By Its Employees In 1977, 1978, and 1979 Ford Philippines was assessed a tax liability in the amounts of P4.7 million, P5.8 million, […]
G.R. No. L-8527 – 27 Phil. 401 – Mercantile Law – Corporation Law – No Criminal Actions Against A Corporation In 1912, West Coast Life Insurance caused the distribution of printed materials which impressed among the readers thereof that Insular Life Insurance Company is in bad shape. Insular Life then […]
G.R. No. L-27155 – 83 SCRA 237 – Mercantile Law – Corporation Law – Corporation’s Liability for Negligence Rita Tapnio owes PNB an amount of P2,000.00. The amount is secured by her sugar crops about to be harvested including her export quota allocation worth 1,000 piculs. The said export quota […]
G.R. No. L-17160 – 122 Phil. 698 – 15 SCRA 301 – Mercantile Law – Corporation Law – Liability of Foreign Corporations and their Agents Primateria Societe Anonyme Pour Le Commerce Exterieur (Primateria Zurich, a sociedad anonima formed in Zurich), through Alexander Baylin, entered into an agreement with Philippine Products […]
G.R. No. 6217 – 21 Phil. 95 – Mercantile Law – Corporation Law – The Corporation and Its Directors Charles Mead, Edwin McCullough and three others organized the corporation called The Philippine Engineering and Construction Company (PECC). The 4 organizers, except Mead, contributed to the majority of the capital stock […]
G.R. No. 75885 – 234 Phil. 180 – 150 SCRA 181 – Mercantile Law – Corporation Law – A Corporation Cannot Invoke the Right Against Self-Incrimination When President Corazon Aquino took power, the Presidential Commission on Good Government (PCGG) was formed in order to recover ill gotten wealth allegedly acquired […]